8A Crimea StreetParramatta NSW 2150
Property Details for 8a Crimea St, Parramatta
8a Crimea St, Parramatta is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 363m2 and floor size of 276m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
Last Listing description (June 2021)
If you are an investor and want to buy property in Parramatta, don't look anywhere else. This is a fantastic property approved salon shop plus 7 room house and one rumpus room potential rental return more than $1500 per week on investment.
This property offers a flexible and versatile floor plan with a massive opportunity to add value and take extra advantage of a property in a prime location with the potential for massive opportunities. It is a two-story REFRUBISED residence and with a street-facing shop front enjoys a private north-facing garden with a backdoor to Ollie Webb Reserve. A clever redesign has transformed this property and created a unique living space that showcases excellent style, light with utmost privacy and a great achievement in sophisticated living in a very convenient position on the Ollie Webb Reserve that has undergone a smart interior and exterior makeover.
Located within a highly sought after and tightly-held Parramatta city fringe location, just a short stroll to cosmopolitan CBD, railway station, bus interchange and newly proposed Light Rail, Westfield Shopping Mall, parks, reputable schools including Parramatta High School, Arthur Phillip High School and Parramatta West Public School, restaurants, cafes, and close to one of the largest urban renewal projects in Australia - Parramatta Square, a World-Class Civic Centre.
Features:
+ Choice of 8 rooms or 5 beds with study, home office & rumpus - the choice is yours
+ Street facing shop
+ Suits home business (STCA) or residence
+ Dual income, suitable for investors (STCA)
+ Potential to earn $1500 per week rent
+ Large open plan living and dining room with heated tiles
+ Air conditioner in one bedroom & shop
+ Floorboards throughout walking area and all bedrooms upstairs
+ Modern kitchen with gas cooking, dishwasher and lots of storage
+ Ceiling fans in all bedrooms
+ Shop/office with tiled floors throughout
+ Deep north-facing rear backyard with a sunroom overlooking Ollie Webb Reserve parklands
+ Concrete driveway with parking space for 3-4 cars with color bond gate and plenty of off-street parking
+ Easy walk to Parramatta CBD, railway station, and Westfield Shopping Mall
+ An easy walk to the train station, shops, cafes, cinema, schools and the light rail
+ 10 KW solar panels powering the whole house
Often sought but rarely found, this property presents a unique opportunity for the astute investors & business owners to occupy this dual level character filled home with street-facing salon shop to capitalise on its numerous creative possibilities.
Don't miss this once in a lifetime opportunity to secure this dual income property sitting on prime location. Be quick to inspect or to arrange an inspection please contact your exclusive agents NK Sheoran on 0431755598, Jitender Singh on 0410 567 777 or Atul Bhanushali on 0402 961 515.
"All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries."
Property History for 8a Crimea St, Parramatta, NSW 2150
- 01 Oct 2020Listed for Sale 1250000-1350000
- 27 Aug 2012Sold for $495,000
- 29 May 2012Listed for Sale $499,000
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About Parramatta 2150
The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016.
Parramatta has 19,062 properties. Over the last 5 years, Houses in Parramatta have seen a 58.91% increase in median value, while Units have seen a 7.01% increase. As at 31 October 2024:
- The median value for Houses in Parramatta is $1,737,809 while the median value for Units is $609,829.
- Houses have a median rent of $630 while Units have a median rent of $650.
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